China’s COFCO mulls sale of Dutch grains trader Nidera in divestment move

People visit the COFCO exhibition center during the 14th China Beijing International High-tech Expo (CHITEC) at the China International Exhibition Center on May 18, 2011 in Beijing, China. Bloomberg.

After paying hundreds of millions of dollars for Dutch-based grains trader Nidera in a three-year takeover completed just months ago, Chinese state-owned food group COFCO is considering selling the troubled business, according to people familiar with its plans.

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